AlkalineFX

EURUSD - 1.2 Flirting

Long
FX:EURUSD   Euro / U.S. Dollar
This pair has been flirting with the 1.2 level for the last couple of days, this will introduce a heavy amount of sellers into the market considering it a strong resistance. In reality, price is likely to purge the liquidity holding above the zone before it considers any sell-offs. Our team has been buying this pair aggressively for weeks resulting in a nice amount of profit, we will be looking to continue the bullish trend over the coming days.

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